Today, BTC and ETH surged then pulled back, mainly due to these three "cold arrows" precisely targeting:

🦅 1. The Federal Reserve suddenly "turns hawkish"

Several Federal Reserve officials simultaneously made strong statements, saying that inflation has upside risks, and interest rates may stay high for a long time or even be raised further. The hope for rate cuts was shattered, causing risk asset preferences to cool instantly.

🕊️ 2. Middle East situation "plot twist"

Last night, the market was still trading optimistic expectations of "US-Iran ceasefire, oil prices plummeting," but then Trump suddenly posted questioning the ceasefire agreement and even threatened "more intense bombings." This move of giving a sweet treat then slapping with a harsh reality directly scared off the newly entered long positions.

🐋 The "never sell coins" whale persona collapses

The Bitcoin whale who claimed "never sell even in death" — MicroStrategy founder Saylor — has for the first time hinted at possibly selling some BTC to pay off debt. This statement triggered market panic over a super whale dumping.

⚠️ Extra blow: technical correction and chain liquidations

BTC previously gained over 20% in a month, accumulating a large amount of profit-taking. After the negative news hit, the price plunged, triggering a chain of massive leveraged liquidations